CapitaLand Ascott Trust - Sustainability Trust 2023

SOCIAL Fostering Genuine Connections Amongst Employees CapitaLand encourages employee engagements to foster a vibrant and productive work environment. CLAS embodies this through promoting social events and team building activities. The CLI Employee Experience Committee, a staff volunteer initiative to drive key experience building programmes for CLI, was launched in 2023 to organise group-level events and foster bonds across business units. The committee organised various employee engagement activities throughout the year, such as the CapitaLand Group Sports Day 2023, Staff Appreciation Night 2023 and monthly employee well-being activities. Employees of CLAS’ Managers at a Christmas-themed cooking team building event The inaugural CapitaLand Group Sports Day 2023 saw participation from more than 1,400 Singapore-based employees across the Group. Employees were grouped into four houses based on their business units and took part in inter-house competitions including basketball, captain’s ball, futsal, table tennis and team relay. This event fostered inter-business unit cohesion, and demonstrated CapitaLand’s commitment to promoting a healthy work-life balance and upholding a positive company culture. The Ascott team at the CapitaLand Group Sports Day 2023 CLI Listed Funds Cross-REIT Sharing & Team Bonding Session 2023 participants with the refurbished bicycles The Thinking Cap Team (TTCT) was set up in 2022 for colleagues within the Listed Funds business to engage and synergise. TTCT introduces initiatives and programmes to forge better work relationships, enable staff to have a better understanding of the CLI ecosystem, as well as promote employee well-being. The CLI Listed Funds Cross-REIT Sharing & Team Bonding Session 2023 provided a platform for cross-sharing of ideas and discussion on topics of interest across the various CLI Listed Funds. A panel session discussed the challenges and potential business opportunities ahead for the various real estate sectors and markets. Following the session, a meaningful team building event that involved the construction of refurbished bicycles for charitable causes was conducted in the afternoon. 119 employees participated in the event, building 12 bicycles for charity. 51 CAPITALAND ASCOTT TRUST

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